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Energy infrastructure developer and investor LS Power said it has successfully closed the LS Power Equity Partners VI (Fund VI) with total fund commitments of about $6 billion. Fund VI, which was launched in January of this year, was oversubscribed and fully allocated against its hard cap by July, which was well in excess of […]

California-headquartered Clearway Energy Group said it has closed financing and begun construction of the Swan Energy Center, a 650-MW solar facility located on portions of formerly strip-mined land in northwestern Bates County, Missouri. The project is San Francisco-based Clearway’s first in Missouri. Its output is contracted under a 20-year power purchase agreement. The Swan array, […]

Fusion energy company Xcimer Energy said it has finalized an agreement for up to $30.5 million in additional federal funding through the U.S. Department of Energy’s (DOE’s) Milestone-Based Fusion Development Program. The new DOE award, announced October 6, is for the program’s second budget period. It brings the total DOE funding for potential Milestone payments […]

Fit Energy, a developer of energy solutions for data center projects, has announced plans for a fuel cell power generation and data center project in Newport Township, Luzerne County, Pennsylvania. The project received township zoning approval for both uses in August of this year. Fit Energy on October 6 said engineering and the remaining permitting […]

For most Americans, electricity is so woven into daily life that we rarely consider what its absence means. Hospitals depend on it to preserve medicines and operate equipment. Schools, factories, farms, and businesses depend on it to function. Reliable electricity is one of the foundations of a modern economy. COMMENTARY Yet 655 million people worldwide […]

The Department of Energy’s (DOE’s) Office of Energy Dominance Financing (EDF) has announced a conditional loan commitment of up to $4.2 billion to finance uprates and modernization at Vistra’s Beaver Valley nuclear plant in Pennsylvania and its Davis-Besse and Perry plants in Ohio. The projects could add 433 MW of new nuclear capacity and preserve […]

Power plants generate a large amount of maintenance and inspection information every day. Operators complete rounds. Technicians document repairs. Contractors submit reports. Engineers review abnormal conditions. Reliability teams analyze failures. Asset managers track age, condition, criticality, and replacement plans. The challenge is not always that power generation facilities lack data. The challenge is that much […]

It’s tempting to think the transition to cleaner homes depends entirely on better technology or larger government incentives. Those certainly matter. But history suggests something else matters just as much: Making the cleaner option easier to understand, easier to finance, and easier to buy. The automobile industry offers perhaps the clearest example. Electric drivetrains existed […]

The systems used to design, operate, manage and insure energy infrastructure are struggling to keep pace with the rapid buildout of new power capacity, according to a new report by commercial property insurer FM. The FM Power & Renewables Report examines how the rapid expansion of power infrastructure, driven by artificial intelligence (AI), data centers, […]

With hundreds of 7FA & 7EA gas turbines approaching end-of-life thresholds and industry-wide constraints on forgings and shop capacity, MD&A has invested a decade in reverse engineering, supply chain development, and production of rotor components to offer utilities an independent path forward. The gas turbine bubble of 2000 to 2004 saw between 600 and 700 […]